Dollar General's sales jump 13.7 percent
U.S. discount retailer Dollar General Corp reported a 13.7 percent increase in quarterly sales on Thursday, helped by higher spending at its stores driven by strong demand for home products.
Net income rose to $414.2 million or $1.49 per share, in the fourth quarter ended Feb. 3, from $376.2 million or $1.30 per share a year earlier.
Net sales rose to $6.01 billion from $5.29 billion.
(Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Sai Sachin Ravikumar)